The Vast Majority of Innovations Today Are ____

question 4

Multiple Choice

The vast majority of innovations today are ____.

• A)technology-based
• B)inventions
• C)radical
• D)disruptive
• E)incremental

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Definitions:

Accounts Payable

Money owed by a company to its suppliers or creditors for goods and services received.

Total Liabilities

The cumulative amount of all debts and financial obligations a company owes to outside parties.

Accounts Receivable

Receivables from clients to a corporation for merchandise or services that have been supplied but remain unpaid.

Merchandise Inventory

Merchandise inventory represents the goods a company has in stock that are ready to be sold in the normal course of business.